Lots of people think of ISAs when it comes to savings, but do you know what one actually is?
And with different ones available, which do you pick? In this video I’ll take you through each of them – the Cash ISA, Stocks & Shares ISA, Innovative Finance ISA, Lifetime ISA and Junior ISA – so you know which one could be right – or wrong for you.
Plus all you need to know about the annual allowances, transferring money and whether you should just be using a standard savings account instead.
Further reading
I have a question… I know you can only open a ISA each tax year. BUT can you open multiple ISAs in different Banks? in the same tax year?